Maeil Dairies (Korea) Market Value
| 267980 Stock | KRW 34,600 350.00 1.02% |
| Symbol | Maeil |
Maeil Dairies 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Maeil Dairies' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Maeil Dairies.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Maeil Dairies on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Maeil Dairies Co or generate 0.0% return on investment in Maeil Dairies over 90 days. Maeil Dairies Co., Ltd. produces, sells, and exports milk products and baby foods in Korea and internationally More
Maeil Dairies Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Maeil Dairies' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Maeil Dairies Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0333 | |||
| Maximum Drawdown | 5.02 | |||
| Value At Risk | (2.24) | |||
| Potential Upside | 1.97 |
Maeil Dairies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Maeil Dairies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Maeil Dairies' standard deviation. In reality, there are many statistical measures that can use Maeil Dairies historical prices to predict the future Maeil Dairies' volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | 0.0965 | |||
| Treynor Ratio | (0.30) |
Maeil Dairies Backtested Returns
At this point, Maeil Dairies is very steady. Maeil Dairies has Sharpe Ratio of 0.0509, which conveys that the firm had a 0.0509 % return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Maeil Dairies, which you can use to evaluate the volatility of the firm. Please verify Maeil Dairies' Standard Deviation of 1.3, mean deviation of 0.9978, and Risk Adjusted Performance of (0.03) to check out if the risk estimate we provide is consistent with the expected return of 0.0586%. Maeil Dairies has a performance score of 4 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.22, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Maeil Dairies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Maeil Dairies is expected to be smaller as well. Maeil Dairies right now secures a risk of 1.15%. Please verify Maeil Dairies Co market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if Maeil Dairies Co will be following its current price movements.
Auto-correlation | -0.35 |
Poor reverse predictability
Maeil Dairies Co has poor reverse predictability. Overlapping area represents the amount of predictability between Maeil Dairies time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Maeil Dairies price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Maeil Dairies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 732.7 K |
Maeil Dairies lagged returns against current returns
Autocorrelation, which is Maeil Dairies stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Maeil Dairies' stock expected returns. We can calculate the autocorrelation of Maeil Dairies returns to help us make a trade decision. For example, suppose you find that Maeil Dairies has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Maeil Dairies regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Maeil Dairies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Maeil Dairies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Maeil Dairies stock over time.
Current vs Lagged Prices |
| Timeline |
Maeil Dairies Lagged Returns
When evaluating Maeil Dairies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Maeil Dairies stock have on its future price. Maeil Dairies autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Maeil Dairies autocorrelation shows the relationship between Maeil Dairies stock current value and its past values and can show if there is a momentum factor associated with investing in Maeil Dairies Co.
Regressed Prices |
| Timeline |
Other Information on Investing in Maeil Stock
Maeil Dairies financial ratios help investors to determine whether Maeil Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Maeil with respect to the benefits of owning Maeil Dairies security.